PropTech is not attributed to a single inventor but emerged as a collective movement integrating technology into real estate. The term gained prominence in the early 2010s with the rise of startups offering digital solutions for property listing, management, and transactions. Innovations like online marketplaces, virtual reality tours, and blockchain in real estate have been developed by various entrepreneurs and companies worldwide. The PropTech industry's growth reflects the ongoing digital transformation driven by technology and innovation in real estate.